Announcing the new DH Swap and Strategic Partnership with Boltz
By entering into a strategic partnership with Boltz, we are now able to jointly offer and improve the service and expand the Boltz ecosystem in Japan and beyond.
DH Swap Main improvements
With this latest update to DH Swap, we offer a greatly improved user experience and new features.
We are now running the latest Boltz Web App, customized for Diamond Hands and geared towards the Japanese and wider Asian market.
Users can now navigate the swap process more intuitively with fewer steps, swap to taproot addresses, swap to exact on-chain amounts and install DH Swap as a PWA on mobile phones. We continue providing improvements as regular updates in cooperation with Boltz.
Users can now also manage Lightning liquidity with Liquid BTC from the DH Swap interface via the Boltz API. This will come in especially handy during mempool congestion on the bitcoin mainchain. Read more about how Liquid Swaps are making channel rebalancing reliably cheaper than mainnet swaps here.
Improved stability and uptime
We have improved our behind-the-scenes liquidity management strategy. As a result, swapping on DH Swap will be more stable, with much less downtime due to lack of liquidity.
We've (finally!) translated the website into Japanese. The Lightning ecosystem in Japan is still nascent and relatively small, but we hope this will help educate the local community about the importance of swap services in the routing economy.
Message from Boltz
"We are excited to partner with Diamond Hands to expand the reach of Boltz to Japan and Asia. This partnership allows Diamond Hands to tailor Boltz services with e.g. language localization, better routes on the lighting network and customizations like increased swap limits to fit local market needs."
Future Roadmap for DH Swap
We plan to devote more resources to improving DH Swap and integrating it into more services with even closer cooperation with Boltz, as we believe that trustless swaps for liquidity management will be one of the key technologies in the Lightning ecosystem.
DH Swap API Integrations
We are working on integrating the DH Swap API with other external Lightning services, including wallets, exchanges and Lightning liquidity provision services.
DH Swap uses the same API standard as Boltz and can take advantage of the developer tools that Boltz has put together for easy and smooth integration.
In particular, we plan to focus on Asian markets and help more projects to integrate Lightning with greater ease.
We are looking closely at Peerswap, a technology that allows Lightning nodes to balance their channels by facilitating atomic swaps with direct peers.
Peerswap offers a different set of benefits and tradeoffs than Submarine Swaps and we believe that combining the two technologies will potentially further improve their liquidity, utility, and efficiency.
Optimizing Liquidity Management
We aim to further optimize our liquidity management strategy to improve the availability of the service. With better optimization, we hope to eventually increase the swap amount limit from the current 0.3 btc to serve even more users in the future.